Inheritance Tax Planning

Are you aware of your exposure to Inheritance Tax?  This always is the first question. Having established this, what can be done to mitigate or remove this liability paid by your Estate.

Inheritance Tax planning can take various forms, ranging from simple use of spouses nil rate band, making gifts with a need to survive seven years thereafter, to lifetime transfers into Trust, regular gifts out of income and other financial products which reduce and mitigate your Inheritance Tax exposure.

Anti-avoidance rules exist in many areas of planning to ensure that assets which are given away are not made available to you for future benefit.  Failing to meet these requirements may mean the asset falls back into your Estate for Inheritance Tax purposes and any planning has been unsuccessful.

It is important that your Inheritance Tax planning is linked into the preparation of your Will as this maximises the benefit and opportunity of mitigating your exposure

At Scrutton Bland we have an experienced team with expertise in all these areas and can offer you practical and effective solutions.

Remember, our IFA Department have investment solutions to compliment the Inheritance Tax planning and we can work jointly with them to provide an unrivaled joined up approach to cover all aspects of Inheritance Tax planning and solutions.

For further information on how we can help you, contact:

Jason Fayers
tel:       01473 259201
email: Jason Fayers